Quote:
Originally Posted by guzzy
To stimulate the economy on the back end of this, Trudeau should use the emergency measures act to build energy east. Don't even have consultations, don't let Quebec or indigenous bands have a say in the matter. These were already done with the original plan for Energy East.
Build a 5 year plan to be energy independent with tax free incentives or loans for the refineries in the east to handle heavier crude. It isn't as expensive as an upgrade as many call it. If you do it properly you could start converting some western refineries to partial upgraders so lighter crude could ship east. This would create thousands of jobs across the country and stimulate the economy immediately.
This is our government's (all governments regardless of party) biggest fail over the last 30/40 years. Effort and money could have created an energy independent nation that wouldn't have to worry about $7.50/bbl WCS while importing Saudi and American oil for the east. This nation is going to be in financial chaos when we see the end of this. Our energy/resources sector will be decimated, possibly eliminated. Canadian's don't understand the true sting this will cause until it is gone. Those jobs, revenues, tax dollars and royalties have been the largest contributor to the Canadian economy over the last 40 years.
But let's be realistic, Trudeau doesn't have the balls nor care enough. Quebec would do everything in their power to watch Alberta fail.
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Good luck with this. I would expect that even with the emergency act, a Judge would take about 5 seconds to strike down its usage to build a pipeline or support an industry.
At the same time, its easy to say make the government pay for it, but to be honest after this Virus thing this government is going to be massively in debt and with the price of Oil Most of the Oil Companies are probably going to significantly slow down their production.
The time to get Energy East built in the name of independence was years ago when you had private companies willing to pay for it. The barn door was left open the horses fled and then some idiots set fire to the barn.
Also you're right about one thing. Trudeau and his government would never do it, wouldn't be interested in it, it would kill his voter base, make sure that he never gets his precious seat on the UN etc.
Also can you imagine the protests if they just tried to ram through a pipeline? I mean it would be amazing and the government still hasn't show the will to enforce the law.